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Industrial Gloves Market Share to Rise at 7.2% CAGR during 2019-2025 | Financial Performance, Product Portfolio, Geographical Presence, Distribution Strategies by Top Gloves, Honeywell Safety Products, 3M Corporation, Ansell, Showa Group, & more), Demand

02-06-2019 01:11 PM CET | Industry, Real Estate & Construction

Press release from: Decision Market Reports

2019 Industrial Gloves Market 2025

2019 Industrial Gloves Market 2025

Global Industrial Gloves Market 2019-2025: The global industrial gloves market was valued at US$ 5,629.7 million in 2016 and is set to grow at a CAGR of 7.2% in terms of revenue during 2018 – 2025.

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Industrial gloves are important protective equipment’s that work as a barrier ensuring the safety of the workers across a variety of sectors. Industrial gloves are manufactured depending on the needs of various industries. Shifting focus towards the safety of workers across construction, mining, and manufacturing activities have seen an increasing demand for industrial gloves globally.

According to the OSHA, it was observed that wearing gloves reduces the risk of an injury by approximately 60%. Hence, industrial gloves play an important role in ensuring the safety of the workers across every sector. As a result, government bodies are playing an important role in ensuring that manufacturers follow the industrial safety practices. Various governmental bodies involved in ensuring safety at the workplace include The Department of Labor (DOL), Occupational Safety and Health Administration (OSHA), Mine Safety and Health Administration, Ministry of Labour and Employment amongst others.

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Market Dynamics
Increasing manufacturing and production across various sectors have resulted in an increasing demand for industrial gloves globally. Rising development and infrastructure activities in the emerging economies of India, Brazil, and China is expected to augment the demand for industrial gloves. Numerous safety regulations in companies are playing a vital role in the rising demand for industrial gloves. As a result of the Occupational Safety and Health Act of 1970, OSHA is responsible for maintaining safe and healthier working conditions for workers in hazardous environments. The Asia Pacific region is a major player in the manufacturing and exporting of industrial gloves, due to the abundant availability of natural rubber and nitrile in the region.

Market Taxonomy
This report segments the global industrial gloves market on the basis of type, material and end-use industry. On the basis of type, the global industrial gloves market is segmented as re-usable and disposable gloves. On the basis of material, the industrial gloves market is segmented as nitrile, rubber, vinyl, neoprene, polyurethane, and others. The end-use industries that use industrial gloves include pharmaceuticals, food and beverages, healthcare, chemicals, manufacturing, construction, oil and gas, transportation, and others.

Key features of the study:
• This report provides an in-depth analysis of industrial gloves and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2016 – 2024), considering 2015 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
• It profiles leading players in the global industrial gloves market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
• Key companies covered as a part of this study include Top Gloves, Honeywell Safety Products, 3M Corporation, Ansell, Showa Group, Corolina Glove & Safety Company, Superior Gloves, Southern Gloves Inc., UVEX Safety Group, Longcane Industries, Shangdong Yuyuan Latex Gloves, Marvel Glove Industries, and Kanam Latex Industries Pvt. Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
• The global industrial gloves market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the industrial gloves market.

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Market Segmentation
• Global Industrial Gloves Market, By Type
o Re-usable Gloves
o Disposable Gloves

• Global Industrial Gloves Market, By Material,
o Nitrile
o Rubber/Latex
o Vinyl
o Neoprene
o Polyethylene
o Others

• Global Industrial Gloves Market, By End Use Industries,
o Pharmaceuticals
o Food
o Healthcare
o Chemicals
o Manufacturing
o Construction
o Oil and Gas
o Transportation
o Others

• Company Profiles
o Top Gloves *
o 3M Corporation
o Ansell
o Showa Group
o Corolina Glove & Safety Company.
o Southern Gloves Inc
o Marvel Glove Industries
o Shangdong Yuyuan Latex Gloves

Table of Contents

1. Research Objective and assumption
o Research Objectives
o Assumptions
o Abbreviations
2. Market Purview
o Report Description
 Market Definition and Scope
o Executive Summary
 Market Snippet By Application
 Market Snippet By Technology
o Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
o Market Dynamics
 Drivers
 Supply Side Drivers
 Demand Side Drivers
 Economic Drivers
 Restraints
 Market Opportunities
 Regulatory Scenario
 Industry Trend
 Epidemiology/Prevalence/Incidence
 Merger and Acquisitions
 New Product Approvals/Launch
 Promotion and Marketing Initiatives
o Cost Tier Down Analysis
4. Global Industrial Gloves Market, By Type, 2015 - 2025 (USD Million)
o Introduction
 Market Share Analysis, 2015 and 2024 (%)
 Y-O-Y Growth Analysis, 2015 - 2025
 Segment Trends
o Re-usable Gloves
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2015 - 2025 , (USD Million)
o Disposable Gloves
 Introduction
 Market Size and Forecast, and Y-O-Y Growth, 2015 - 2025 , (USD Million)
5. Global Industrial Gloves Market, By Material, 2015 - 2025 (USD Million)

...Continued

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About Us
Decision Market Reports is a one-stop solution, covers market research studies of all the industries, companies and regions. DMR aims at providing quality research, and insights about every market to helps our clients in taking right decisions. Our repository consists of most trending industry reports, niche areas, and leading company profiles. A comprehensive collection of reports is updated daily to offer hassle-free access to our latest updated report databases.

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